# PPP loan: AMPED ELECTRIC INC
> **$238K** approved 04/11/2020 · Paid in Full · Loan `3599307109`
## Borrower
- **Name:** AMPED ELECTRIC INC
- **Address:** 3400 International St, FAIRBANKS, AK, 99701-7901
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $238K
- **Initial approval:** $238K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $119K
- **Rent:** $30K
- **Utilities:** $12K
- **Health care:** $77K
- **Jobs reported:** 12
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*